After offloading supermarket chain Kipa and Giraffe restaurant chain British retailer Tesco has now confirmed the sale of its Dobbies Garden Centres – a UK-based specialist garden centre retailer – business to an investor group led by Midlothian Capital Partners and Hattington Capital.
The sale includes the entire share capital of Dobbies Garden Centres Ltd against which Tesco will receive £217 million in cash.
Commenting on the sale, Tesco chief executive Dave Lewis says, “Through their hard work and dedication to customer service, Dobbies colleagues have built a great business, and I would like to thank them for everything they have done. It was a difficult decision to sell the business, but we believe this agreement will give Dobbies a bright future, while allowing our UK retail business to focus on its core strengths.”
“We are delighted to have been chosen by Tesco to take ownership of the Dobbies Garden Centres business. It is a great business with fantastic colleagues. We’re very optimistic about the potential of the business, and we look forward to growing the business across the UK from its base in Scotland,” add Andrew Bracey of Midlothian Capital Partners and Barney Burgess from Hattington Capital.
Tesco had bought Dobbies Garden Centres in 2007, which currently operates 35 garden centres across Scotland, England and Northern Ireland. After the sale, Tesco will continue to offer customers a wide home and garden products through its own stores and online.
Watsons to open 20 new stores in the GCC
In 2020, global health & beauty retailer AS Watson Group signed its
April 29, 2024 | By Rupkatha BAsda and Deliverect Deepen Partnership to Power Rapid Delivery Across Asda Express
SQUATWOLF’s Kuwait Flagship Store Anchors Its Regional Growth Ambitions
Global beauty icon Ulta Beauty to make Riyadh debut at Panorama Mall
/ 
For decades, Haldiram’s built deep recall across the UAE through its packaged
When House of Habanero opened its first physical location at Alserkal Avenue
Union Coop has completed a significant expansion of its Hatta Souq branch,
Saudi Arabia is set to welcome U.S. food exporters this week, as
Majid Al Futtaim has officially entered the discount retail segment with the
As convenience increasingly becomes currency in the region’s grocery landscape, Union Coop
As wellness becomes a lifestyle in the UAE, the grocery aisle is
Grandiose, one of the leading grocery retailers in the UAE with a
With shifting consumer behaviour, rising cost pressures, regulatory changes, and rapid digitization,
Union Coop’s blend of retail expansion, digital innovation, and community focus is
Abu Dhabi-based MAIR Group has marked a pivotal stage in its transformation
In a move that blurs the line between shopping and investing, Apparel
/ 
In a market where homes and commercial spaces are becoming sharper expressions
GMG has launched Modora, an upscale home and interiors concept, marking the
In March, Chicago’s McCormick Place is set to become the heartbeat of
Apparel Group has unveiled the region’s first Sur La Table store at
Abu Dhabi is now home to a double design landmark as Crate&Barrel
Home improvement retail giant eyes regional growth with DIY-first experience tailored for
Retail and lifestyle conglomerate Majid Al Futtaim marks a new milestone in
Majid Al Futtaim accelerates its luxury retail strategy in the GCC, building
The Inspired Home Show 2025 concluded with positive momentum, reinforcing its position
In an exclusive interview with Lorenza Luti, Marketing & Retail Director of
In an exclusive Q&A Hirdesh Kumar Methwani, Group Head Marketing, 2XL Home
Previous Article
